Netflix CEO reacts to AT&T and Time Warner deal

LAGUNA BEACH, Calif. — Netflix's CEO says he is not against the massive AT&T-Time Warner deal so long as Netflix will be treated the same way as HBO.

Speaking Monday at the Wall Street Journal's WSDLive conference, CEO Reed Hastings said he had no objection to the deal if AT&T respected the tenets of net neutrality.

"I think AT&T is going to be very aggressive about building a national competitor to all of the cable companies, like Direct has been from the satellite technology, and if they pull that off, that would be in the consumers' interest," Hastings said.  Read more...